According to a new report Global Cloud Enterprise Application Software Market, published by KBV research, the Global Cloud Enterprise Application Software Market size is expected to reach $143.5 billion by 2023, rising at a market growth of 15% CAGR during the forecast period.

The North America market holds the largest market share in Global Manufacturing & Services Cloud Enterprise Application Software Market by Region 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 12.9 % during the forecast period.

The KBV Cardinal Matrix is a visual representation about the key players in the industry. Based on the Analysis presented in the Cardinal matrix, IBM Corporation, Microsoft Corporation and Oracle Corporation are the forerunners in the Cloud Enterprise Application Software market.

The Customer Relationship Management market holds the largest market share in Global Cloud Enterprise Application Software Market by Type 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 14.2 % during the forecast period. The Web conferencing market is expected to witness a CAGR of 15.9% during (2017 – 2023).

Additionally, The Business Process Management market would attain market value of $10,045.4 million by 2023.Source: KBV Research Analysis, Company Publications and Secondary Research

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Cloud Enterprise Application Software Market have been discussed in the report with the competition analysis and the elaborated company profiles of Oracle Corporation, IBM Corporation, Microsoft Corporation, SAP SE, Hewlett Packard Enterprise (HPE) Company, QAD, Inc., IFS AB, Infor, Inc., Salesforce, Inc., and Epicor Software Corporation.

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